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Get your taxes done using TurboTax
Thank you! The last one was the big hangup because I used it up until it randomly died in April, so I was worried I could not claim that I'd been using a "consistent process since the start of 2021." I had not originally foreseen having to scrap it and buy a new computer! Now I have scrapped the old one as a $0 Sale for a net loss and will be expensing everything purchased in 2021 under Miscellaneous after making the Safe Harbor election in Assets. Hopefully I got this correct.
The $235 Section 179 from 2020 is confusing because it was listed under a separate business and for some reason I can't access info about it no matter what combination of answers I choose in the 2021 asset questionaire. Even if I wanted to report recapture I have no idea how I would do it since I can't seem to carry over that entry. With the old computer I was able to see previous entered information, though it wasn't 179 so perhaps that's why. Hmm.